**Strategy Increases Bitcoin Purchases Amid Market Volatility, Says Michael Saylor**
Strategy is accelerating its Bitcoin purchases despite recent market volatility, according to company founder and executive chairman Michael Saylor. The digital asset experienced fluctuations, briefly dropping below $95,000 before rebounding above $96,500.
“We are buying. We’re buying quite a lot, actually,” Saylor said during a morning interview on CNBC’s *Squawk Box* this past Friday. “And we’ll actually report our next buys on Monday morning. I think people will be pleasantly surprised. In fact, we’ve been accelerating our purchases.”
Highlighting Bitcoin’s strong performance, Saylor noted that the cryptocurrency rose from about $68,000 to $106,000 within five weeks following the Trump election. Over the past five years, Bitcoin has delivered an average annual gain of approximately 50%, outperforming gold and the S&P 500, which posted 14% returns annually.
Currently, Strategy holds 641,692 BTC—over 3% of all Bitcoin in circulation—purchased at an average price of roughly $74,000 per coin. The company’s Bitcoin holdings have returned 71% over five years, a performance comparable to technology giant Nvidia. “There’s no other stock in the S&P that’s done any better,” Saylor added.
Addressing concerns about leverage, Saylor confirmed that Strategy is less than 1.15 times leveraged, with debt maturities extending over four and a half years. “If Bitcoin were to fall 80%, we’re still over collateralized and we’re fine,” he explained. Additionally, Strategy is enhancing amplification for common stock using preferred equity, which carries no credit default risk.
When asked about Cathie Wood’s revised Bitcoin price target and her suggestion that stablecoins could diminish Bitcoin’s use case, Saylor dismissed these concerns. “No rich person wants to buy the currency instead of an equity or real estate, or a capital asset,” he said.
Saylor characterized the digital asset ecosystem as divided between Bitcoin as digital capital and proof-of-stake networks like Ethereum and Solana that focus on digital finance. “I’m sure that stablecoins are going to go from hundreds of billions to trillions of dollars. But it’s not really competing with digital capital,” he added.
With Strategy’s confident stance on Bitcoin reinforced by strong fundamentals and strategic acquisitions, the company continues to position itself at the forefront of the digital capital revolution.
https://cryptobriefing.com/michael-saylor-says-strategy-buying-bitcoin-dip/
